24 Hour Fitness Worldwide Inc. is pursuing a financing package to continue in business after considering bankruptcy options. The company has been looking into a potential bankruptcy loan for as much as $200 million. Prior to the pandemic, the gym was already in financial trouble and the shutdown just so happen to force the close of 430 locations.
Struggling financially due to the pandemic? Give us a call at 816-524-4949 or you can visit our website at hoorfarlaw.com to schedule an appointment.
The fourth largest rental-car company, Advantage Holdco Inc., is filing for bankruptcy after the coronavirus pandemic takes a toll on the traveling world. With the value of rental car companies dropping significantly, Advantage is facing debts as much as $500 million according to court documents.
Do you need to file for bankruptcy? Contact our office at 816-524-4949 or you can visit our website at hoorfarlaw.com to schedule an appointment.
Vision Group Holdings, the management company for Lasik Vision Institute and TLC Laser Eye Center recently announced they would be filing for bankruptcy. With the closing of 126 stores due to the pandemic, the companies are $160 million dollars in debt. Chief Executive Lisa Melamed says she hopes the bankruptcy filing will help the sale of the company’s assets.
Is your company looking to file bankruptcy post-pandemic? We can help. Contact our office at 816-524-4949 or you can visit our website to schedule an appointment at hoorfarlaw.com
For $550 million, Santander Consume USA Inc., settled with 36 states for car loans to low-income non-preferred borrowers. Some of those states claim Santander neglected to monitor dealers that fabricated borrowers’ incomes and other information when proposing loan applications for them. The agreement states that consumers are entitled to $65 million in compensation, and up to $443 million to those who were still paying on loans to Santander.
Facing a lawsuit? Contact our office at 816-524-4949 or you can schedule a consultation on our website at hoorfarlaw.com.
This week we will have radio ads on 99.7
Monday June 1st, at: 3:42PM and 6:44PM
Tuesday June 2nd at: 10:44Am, 12:41PM, 1:42PM, 3:15PM and 4:43PM
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Thursday June 4th at: 11:43AM, 1:17PM, 2:44PM, and 6:14PM
Tune in and listen to the station to hear how we can help you with personal injury or visit mykclawyer.com
Instead of a paper check or direct deposit payment, over 4 million people are receiving their economic stimulus payment via prepaid debit card. This decision was made by a smaller branch of the Treasury Department known as Bureau of the Fiscal Service – who work with the IRS to manage the distribution of the payments. These payments have been made in some cases due to account closings in small banks that return stimulus checks in the form of prepaid debit cards.
Directions and steps to activate card is presented on the IRS website.
Need taxes filed? The deadline was extended until July 15th and we can help before then! Contact our office at 816-524-4949 or you can visit our website at hoorfarlaw.com to schedule an appointment.
Lawyer, Jennifer Meyer, has been suspended for the overcharging of a public defender’s legal services and car mileage. The agency was billed for more than 24 hours a day on 30 different days. She also copied repayment requests for mileage but assigned them to numerous clients 147 times. This report came back after a thorough review going back as far as 4 years.
In Jennifer’s defense, she stated her secretary, who often worked alongside her, could have potentially made errors when billing for a letter or document on the day it was mailed out. Before this line of defense, Meyer claimed that she was entitled to payment for the work that she has done, despite the inaccuracy of billing.
After further investigation, Jennifer Meyer took an Alford plea criminal charge of third-degree theft by deception. This means she still considers herself innocent but admits, with evidence, it would likely prove her to be guilty if brought to trial. A division of the Iowa Supreme Court grievance commission only recommended a 60-day suspension, but the Supreme Court of Iowa said that was too low. She is now required to pay $103,000 in restitution and given a probation sentence of 2 years.
Facing a lawsuit? Contact us at 816-524-4949 or you can visit our website at hoorfarlaw.com.
In recent news, the Federal Trade Commission (FTC) spoke about an issue in nursing homes as well as assisted living facilities on how the resident’s stimulus checks are being taken away from those who are on Medicare. The stimulus payments being made are not to be taken by homes in order to pay any expenses, as they belong to individual Americans who fit the guidelines for payment.
A spokesman from the Iowa Attorney General’s Office said that if the nursing home or assisted living facility has taken that money from you, you can contact your state attorney general to assist you in getting your funds back and filing a complaint with the FTC.
Do you feel that you have been a victim of fraud during the pandemic? If so, call our offices at 816-524-4949 to set up a consultation or visit our website at hoorfarlaw.com for more information on the services we offer.
A 2017 music festival, also known as Fyre Festival, was being promoted on Instagram by reality TV star and model, Kendall Jenner. The lawsuit was presented by a bankruptcy trustee who was regaining money for the creditors of the festival that lost money in the event. Conditions of the settlement were described in court documents file recently. Kendall Jenner was sued as a result of her paid promotion of the festival. She failed to disclose that her post was a promotion and thus the bankruptcy attorney claimed she ‘duped’ the public, which in this case was the nearly 129 million Instagram followers. While the model was paid $275,000 for her promotion of the festival, the settlement was only for $90,000.
Are you being sued and need representation? We are here to help. Contact our office at 816-524-4949 or you can schedule a consultation on our website at hoorfarlaw.com.
The Consumer Financial Protection Bureau received a settlement on behalf of consumers for the amount of $1.275 million in their lawsuit against the Specialized Loan Servicing (SLS), a Colorado based mortgage loan servicer. In 2014, the CFPB discovered that SLS has breached Real Estate Settlement Procedures Act (RESPA) and Regulation X. In this case, each of these were violated by the SLS as they were taking forbidden foreclosure actions against mortgage borrowers who initially had protection from being foreclosed on. This is also a violation to The Consumer Financial Protection Act of 2010. Consumers who were victims of these practices will receive a collective $750,000 in restitution.
Do you feel that you are a victim of foreclosure fraud? Contact our offices at 816-524-4949 or visit our website at Hoorfarlaw.com to schedule an appointment to speak to one of our attorneys today.